Pxmart Co Ltd agreed to acquire White Wood House Foods Co., Ltd. from GenMont Biotech Incorporation (TSEC:3164) for approximately TWD 790 million on June 8, 2018. GenMont agreed that it would meet all severance requirements and pay all labor violation fines for the estimated 200 bakery employees of White Wood House Foods. Pxmart Co Ltd cancelled the acquisition of White Wood House Foods Co., Ltd. from GenMont Biotech Incorporation (TSEC:3164) on June 8, 2019.